Tinna Rubber and Infrastructure Ltd — Important, 08-08-2026: Company Update

Tinna Rubber And Infrastructure Limited has disbursed the first tranche of a loan totaling US$ 1,00,000, equivalent to 0.95 Cr, to its 49% Joint Venture, Mbodla Investments (Pty) Ltd in South Africa, after securing necessary regulatory approvals. This loan, part of a larger facility up to US$ 1 million, is intended to fund the JV's capital expenditure and working capital needs. The unsecured term loan carries an interest rate of 8.68% and has a tenure until 2031, with principal repayment commencing after a one-year moratorium. The company also retains the option to convert the outstanding loan into equity.